Need proof? Consider what respected non-profit organizations AARP and Demos say about the serious harm 401k fees does to your 401k retirement savings !

Most 401(k) savers are unaware they are paying unnecessary marketing fees and advisors commissions, extracted from their 401(k) accounts. It's a national scandal --- and reduces the typical 401(k) value by nearly $155,000!

--- Quote from AARP Report

AARP Brochure
Today the typical American household saving for retirement in a 401(k) will pay nearly $155,000 in un-necessary, excessive, mostly hidden 401(k) fees and commissions to brokers, agents and administrators.

--- Quote from Demos Report.

Demos Brochure


Our iron-clad promise: No hidden 401(k) fees & no 401(k) asset-based fees & no 401(k) commissions, ever!

Our Policy Regarding All Asset-Based Fees

Our policy is not to accept any rebates or revenue sharing of fees deducted from our clients' plan assets ... period! Entities that provide 401(k) plans, including mutual funds managers, fund distributors, asset custodians, asset trustees, investment brokers and advisors, and plan administrators and record-keepers. These entities typically earn at least a portion of their compensation from asset-based fees extracted from plan assets; 401(k) Easy is an exception from the norm.

401(k) Easy is an exception to the norm in that we do not earn any compensation, either directly or indirectly, from our clients' 401(k) plan assets. If rebates are offered, we have the rebates returned to the client. Our published prices, available online for all to see, are the only compensation we collect.


Special 401(k) Fee Disclosure Website

401(k) Fee Disclosure Website

We set-up a special website (www.401kfundslookup.com) to help explain and partially satisfy the 401(k) service provider fee and 401(k) investments fee disclosure requirements under ERISA 408(b)(2).

The information in this special website assists plan participants in both understanding the impact fees have on their 401(k), and making informed investment decisions.

US Department of Labor 401(k) cost comparison worksheet

The US Department of Labor created a worksheet to assist consumers in comparing 401(k) providers. We have filled in information regarding 401(k) Easy. If you would like to fill-in information regarding additional 401(k) products, print the PDF version.

(Competitor)
SETUP FEES (ONE-TIME CHARGES AT THE PLAN'S OUTSET)
New Plan Fee - Baseline Component $595 $____
New Plan Fee - Per-Participant Component None $____
Conversion Plan Fee (in addition to the above New Plan Fee) None $____
Federal Document Filing Fee None $____
ANNUAL FEE - BASED ON PLAN ASSETS
Asset-Based Fees None $____
ANNUAL FEE - BASED ON PLAN SIZE
1 Eligible Employee (plus spouse) $495 $____
2-4 Eligible Employees $695 $____
5-10 Eligible Employees $895 $____
11-15 Eligible Employees $995 $____
16-20 Eligible Employees $1,295 $____
21-25 Eligible Employees $1,595 $____
26-30 Eligible Employees $1,795 $____
31-35 Eligible Employees $1,995 $____
36-40 Eligible Employees $2,195 $____
41-45 Eligible Employees $2,395 $____
46-50 Eligible Employees $2,595 $____
Annual "per participant" fee None $____
ADMINISTRATION / RECORDKEEPING FEE
Annuity Contract Administration Fee None $____
Daily Valuing and Updating of Account Balances None $____
Distribution Processing Fee $30 $____
Loan Origination Fee $30 $____
Loan Tracking Fee None $____
Participant Statement and/or Balance Inquiry Fee None $____
Payroll Processing Fee None $____
Trust-To-Trust Investment Transfer Fees None $____
PLAN COMPLIANCE & TESTING SERVICES
Nondiscrimination Testing None $____
ANNUAL TAX REPORTING
IRS Form 5500 Information None $____
Annual Audit Report None $____
PLAN DOCUMENT AMENDMENT FEE
Mandatory Plan Amendment Fees None $____
Plan Document Determination Letter Fee None $____
Plan Transfer Fees None $____
INVESTMENT OPTION FEES
Access to Brokerage Window None $____
Back-End Load Mutual Funds Commissions None $____
Front-End Load Mutual Fund Commissions None $____
No-Load (Commission-Free) Mutual Funds None $____
INVESTMENT MANAGEMENT EXPENSE RATIO
Equity Funds (No-Load) 20 BPS per year $____
Bond Funds (No-Load) 15 BPS per year $____
Specialty Funds (No-Load) 40 BPS per year $____
Average Expense Ratios of No-Load Funds 25 BPS per year $____
"HIDDEN" EMBEDDED INVESTMENT EXPENSES
12-B1 Fees None $____
Fund Turnover Charges None $____
Rebalancing Fees None $____
Sales Loads and Commissions None $____
Soft Dollars None $____
Sub-Transfer Agent (Sub-TA) Fee None $____
Transaction Fees None $____
Wrap Fees None $____
ADDITIONAL EXPENSES
Annuity Termination Charges None $____